Mumbai, Feb. 11 -- The scrip was listed at Rs 183, a premium of 3.98% compared with the initial public offer (IPO) price. The stock is currently frozen at its upper limit of 5% over its listing price.

The counter hit a high of Rs 192.15 and a low of Rs 183. About 24.74 lakh shares of the company changed hands at the counter.

Brandman Retail's IPO was subscribed 76.21 times. The issue opened for bidding 4 February 2026 and it closed 6 February 2026. The price band of the IPO is fixed between Rs 167 to Rs 176 per share.

The IPO comprised fresh issue of 48,91,200 equity shares. The company intends to utilize the net proceeds for funding capital expenditure for expansion of the new retail network by launching 15 exclusive brand outlets (EB...